Buy Nifty May fut around 5160-65 with stoploss of 5120 for Target of 5205/5265 . Nifty will find support at 5132 where it has taken support earlier also and may form a double bottom. It will get support very well at 5120-25 due to the 50% retracement of Fibbonacci on daily charts. Buy on every dip with sl of 5120.
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